Touchlight Genetics Limited

Touchlight Genetics Ltd, based in Hampton, UK, is a sizable company with a holding structure and active status, having been established 17 years ago. Employing 117 people, the company boasts £18,023,010 in assets and a yearly revenue of £15,877,230. It’s managed by three directors and has one owner, with a real address registered. The firm regularly imports machinery, boilers, and mechanical appliances, parts (for 64 months), and exports organic chemicals (for 14 months).

The company’s core business revolves around providing GMP DNA production and manufacturing services. Their website highlights a unique "doggybone DNA" platform, enabling the creation of DNA at scale for genetic medicines. They offer services ranging from preclinical support to GMP supply and development, catering to mRNA, lentivirus, AAV, genome editing, and DNA vaccine applications. They even have a knowledge centre with articles on RNA vaccines and genetic medicines.

Financially, Touchlight Genetics Ltd presents a mixed picture. While turnover remained steady at £16 million, net assets increased by 13%, reaching £18 million. However, bank borrowings increased by 200% to £13 million, and cash reserves fell by 10% to £1.1 million. Administrative expenses also rose by 33%, suggesting increased operational costs. The company's size (meeting two of three criteria for a large company) indicates a significant player in its niche. The accounts are audited by Deloitte LLP.

The rise in bank borrowings, coupled with the increase in administrative expenses, could indicate investments in expanding the "doggybone DNA" platform and scaling up production. The company’s focus on GMP DNA manufacturing positions it well to capitalize on the growing genetic medicine revolution, but managing costs and securing funding will be crucial for sustained growth.

Registered in England/Wales under the registration number 06422158, with a registered address at TW12 2ER, England, Hampton, Morelands & Riverdale Buildings, Lower Sunbury Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.